Small is beautiful

In the past, many small businesses felt that a pension scheme was 'dead money', and better used for the development of the business, hence the cliche 'my business is my pension.' This led to the development of small self administered schemes (SSASs), and, to a lesser extent, self invested personal pensions (SIPPs), allowing the pension scheme to be used for business purposes. With the difficult economic and market climate we're currently experiencing, this ability is perhaps more important than ever. Let's look at how SIPPs and SSASs can be used to assist a small business. SSAS loanba...